[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion]Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao
On September 16, 2026, Chinese Ambassador to Azerbaijan Rumei accompanied President Aliyev to attend the grid connection ceremony of the local 100 MW photovoltaic power plant constructed by Universal Energy. The annual power generation of the project can reach 200 million kWh, with significant emission reduction effects, and continuous deepening of practical cooperation between China and Arab countries in green energy. Editor/Min Jing
The procurement of modules for the 800000 kW Shage Desert Photovoltaic Base in Hongshagang, Minqin, Wuwei, Gansu has been finalized, with a total scale of 640.9728MWp and a minimum bid price of 0.692 yuan/W, lower than the market average price during the same period, highlighting the potential application of N-type modules in large-scale desert bases. Editor/Min Jing